First Sound Bank Reports Second Quarter 2009 Results

S&P eyes 1,000 but could be ripe for retreat (Reuters)

Reuters – Wall Street may have momentum on its side next week as the S&P 500 tries to puncture the 1,000 level, but the rally’s staying power will depend on whether U.S. data and corporate earnings provide more signs of economic stabilization.

Ecopetrol Announces Results for the Second Quarter and First Half of 2009

Soaring China debut for world’s largest IPO in 16 months (AFP)

AFP – China State Construction Engineering Group shares soared nearly 60 percent at their Shanghai debut Wednesday, as investors jumped at the world’s largest stock offering in 16 months.

Mass Megawatts Wind Power, Inc. Reports for Fiscal Year Ended April 30, 2009

NYSE Euronext beats Street as costs fall further (Reuters)
Reuters – Aggressive cost cutting helped NYSE Euronext beat expectations for a second straight quarter on Thursday, although $442 million in one-time charges forced the transatlantic exchange operator to record a loss.

Asian stocks gain, Europe falls as US GDP eyed (AP)

AP – Asian stock markets closed out a robust July with more gains Friday as better-than-expected earnings at companies from Japan to the U.S. reinforced hopes of stronger global growth. European markets were weaker in early trade.

Profit reports push Dow to best July in 20 years (AP)

AP – New hope for the economy just gave the stock market its best July in 20 years.

Oil bounces above $64 (Reuters)
Reuters – Oil rose above $64 a barrel on Thursday, boosted by stock markets in Europe and Asia, better than expected corporate results and data suggesting the economic downturn was bottoming out.